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Consignment, Live, Online, and Real Estate Auction and Appraisal Serv.

Mid West

Consignment, Live, Online, and Real Estate Auction and Appraisal Serv.
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Asking Price: N/A

Cash Flow: N/A

Gross Revenue: $6,565,000

EBITDA: $305,000

FF&E: N/A

Inventory: N/A

Established: N/A

Consignment, Live, Online, and Real Estate Auction and Appraisal Serv.

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Business Description

The Company provides auction and appraisal services primarily for consignment, live, online, and real estate auctions. The Company maintains a professional, experienced, and licensed staff of auctioneers and appraisers. Auctions and appraisals are consistently provided for estates and trust; commercial turf and golf equipment; fleet and commercial accounts; farm equipment; and others. The Company operates from multiple locations and a headquarters that includes over 30,000 square feet of 3 large showrooms and 2 smaller galleries plus 11 surrounding acres. With these facilities the Company accommodates merchandise from fine jewelry to large industrial and agricultural equipment. The Company’s comprehensive, turn-key auction and appraisal services include staffing, equipment, marketing, payment processing, and guaranteed settlements with sellers.

Licenses: In addition to a highly experienced, professional, and licensed staff of auctioneers and appraisers, the Company also holds a Motor Vehicle Auto Auction Dealers License and a Federal Firearms License.

Diverse Customer Base: Historically, no single customer accounts for more than 1% of revenue in any given year. Occasionally the Company will provide services for very large transactions, but the highly diversified customer base helps ensure that the Company is not significantly impacted by the loss of a single account.

Detailed Information

Support & Training:
Continuity of Management Team: The owners are willing to remain engaged in the business post-transaction, if requested, to ensure seamless ownership transfer, transition established relationships, and assist in continued growth.
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Corey Painter

Business Listed By:
Corey Painter

Generational Equity, LLC

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Sponsoring Broker:
Lisa Lippe

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